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  • Step 1

    Navigate to the free downloadable template to begin

  • Step 2

    Weight the factors affecting your decision. The higher the number you enter, the more important the factor

  • Step 3

    List all of your possible options. These are the potential answers to your question

  • Step 4

    Give each option a score against every factor to produce your very own Weighted Decision

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How to use the weighted decision matrix

Click to skip and go straight to the Weighted Decision Matrix.

The first thing to consider is obvious – what’s the decision you need to make!  It could be something simple or more fundamental, it really doesn’t matter, the decision matrix will cope with either scenario.  We like to use it for big family decisions such as where to go on holiday or what sort of car do we get next.  You can all look at the screen, decide on the factors involved and then debate the scores and when you do that all angles are covered.  Coming soon, you’ll be able to save the decision you reached and send it to your friends and family via email, Facebook or Twitter!  So, what to do…

1. As above, choose the question to answer, double click on the “Type your question here” cell and type it in

2. Next you need to decide on the factors involved in the decision you are making.  When considering the question think Who, When, Why, What and How to prompt you to think of everything you need to.  Look at our example on the home page to get you started.

3. Now you need to weight the factors you settled on in 2.  It’s easiest to do this by giving the most important factor a value of 5 and the least important a value of 1.  It’s important to do this but if you really can’t decide on the order it is okay to give two factors a weighting that is the same.  We don’t recommend it as you are less likely to get a clear result but hey, that’s up to you.

4. List all of your possible options on the options row next, any order you like.

5. The final step is to score all of your options out of 5 or 10 or even a hundred against all of the different factors.  So option A may score a 5 for the first factor but only a 1 for the second but both could end up with the same weighted score depending on how you set up the weightings in step 3.  Confused?  Just have a go and it will all become clear.

We will be making a video to show all of this shortly so don’t forget to come back soon to check it out but if you get really stuck you can tweet us or ask a question on Facebook as well.  Have fun!

Weighted Decision Making Matrix Tool

You can use a weighted decision matrix to choose between different options.  The image below shows how it can be used to choose where to go on holiday.

Use our free weighted decision making tools and templates to help you decide what to do!

Download a decision matrix by clicking on the button >>>

Health Care Decision Making Tips For Old Age

There is nothing more socially demeaning than becoming a liability to others at old age. This is very embarrassing especially after having a long and fulfilling working career. Your old age should be a blessing and not a curse since not many people get to see old age especially with the increase in terminal illnesses and changing lifestyles. If you don’t plan now then you will not enjoy your sunset years. During this period in life you don’t require a lot just the basic needs but your health tops the list. This is because as you age your body develops many complications and you will require regular medical checkup. All said and done you need not to worry as it is quite easy to plan for old age healthcare.

Important tips to remember

• Start saving early for retirement

The earlier you start saving the more money you will have saved by the time you are retiring. Saving is very important even for your health care because at some point you will require to get some money from your own pockets to pay for some medical related expense. Let no one lie to you that you can find an insurance company that pays for everything. No matter how attractive the policy looks like at some point you will have to chip in

• Start paying for Insurance early

If you start paying for insurance premiums when you are still young and energetic they tend to be lower. Insurance companies charge premiums according to risk hence a 65 year old man is more riskier to cover than an energetic 30 year old hence the older you are the more you pay.

• Choice of Insurance Company

There is nothing sadder than all your lifetime savings going down the drain when a bank collapses. This is not an alien thing as it has happened many times before especially in the period of economic crisis. And Insurance companies are also business entities and are not immune to this and so you should ensure you take your health cover with a solid company. Benefit of a solid company is that even if it collapses there are avenues to recover your insurance money.

• Healthy living

Healthy living is arguably the best health care decision you can make for your old age. It makes logical sense that when you lead a healthy life you will reduce your chances of getting ailments like heart attack and stroke which mostly affect people at old age. Choose to live healthy when you are young and you will not have to worry about your health in your sunset years.

Benefits of planning of old age health care

Reduces over dependence on your children and other relatives.

Ensures you retire gracefully and enjoy your sunset years.

Makes you free to explore the world and enjoy yourself without having to worry about your health.

Saves you a lot of money in the long run that you would have spent on your health.

It’s never too late or too early to start planning for your old age healthcare. You can start now by first getting your NI Card (national insurance number card) this is should be the first step in securing your health at old age.

Where should I go on holiday?

Every year people will decide with their families or friends where to go on holiday.  We’ve designed a weighted decision matrix here to help you make that holiday decision.  Usually the discussion will start in the dark winter months when we start to miss the heat of the sun or start dreaming of the bright lights of the ski slopes.  The adverts start appearing on the TV showing us wonderful destinations and promising the holiday of a lifetime.  Sounds familiar?

The more people involved in the decision, the harder it will be to choose a holiday that suits everyone.  If there’s only the two of you and you’re young and all loved up, chances are you’ll be happy wherever you end up (even in a grotty apartment in a tower block in Ibiza).  If you’re in a family of four or five then the whole holiday decision can become a nightmare, especially if you have teenagers!

At this stage (with a family) you tend to have two options.  You could become a dictator, after all it’s your money that’s buying this holiday so they can all darn well go where you want to go!  You might be happy with this in the winter months but once on holiday have you noticed how all the problems are suddenly your fault!  Your other choice is to go all democratic and discuss the various options.  Unless you’re some kind of management consultant and can lead a focussed, calm discussion minus all the emotion this can very quickly descend into an argument of huge proportions.  Little Johnny wants to see the sea but Mum (who has put on a few pounds recently) wouldn’t be seen dead in a swimsuit in public and so it goes on!

Our decision making matrix here could be a big help to you.  You can compare and contrast very easily between your various options and hopefully decide where to go on holiday.

Have you ever taken any really bad holiday decisions or do you have any other factors that you always take into account when deciding where to go? Let us know in the comments or via Twitter and Facebook to the right.